Williams-Sonoma, Inc. said its normalized net income for the fiscal fourth quarter ended Feb. 1 was $1.54 per share, compared with the S&P Capital IQ consensus estimate of $1.52 per share.
EPS climbed 7.9% year over year from $1.43.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $144.2 million, a gain from $138.4 million in the year-earlier period.
The normalized profit margin dropped to 9.4% from 9.4% in the year-earlier period.
Total revenue rose 5.2% year over year to $1.54 billion from $1.47 billion, and total operating expenses climbed 5.3% year over year to $1.31 billion from $1.25 billion.
Reported net income grew 9.7% year over year to $146.9 million, or $1.57 per share, from $133.9 million, or $1.38 per share.
For the year, the company's normalized net income totaled $3.25 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of $3.20.
EPS rose 13.3% from $2.87 in the prior year.
Normalized net income was $309.4 million, a rise of 9.2% from $283.3 million in the prior year.
Full-year total revenue increased 7.1% on an annual basis to $4.70 billion from $4.39 billion, and total operating expenses grew 6.8% on an annual basis to $4.20 billion from $3.94 billion.
The company said reported net income grew 10.7% year over year to $308.4 million, or $3.24 per share, in the full year, from $278.5 million, or $2.82 per share.
